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Re: puppydotcom post# 276049

Friday, 07/31/2009 5:01:57 PM

Friday, July 31, 2009 5:01:57 PM

Post# of 358439
maybe they should pass a law with penny stocks - you can only trade if you hold certs - create some kind of online cert holding company for the instant transfer of the certs to the broker when the share holders wishes to sell.

lol, that's the system that was used in India back in the 90s. Evidently it could take as much as six months to settle trades.

NOT a good idea.

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